Canso Credit Trust Stock Performance
| PBY-UN Stock | CAD 15.52 0.02 0.13% |
Canso Credit has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Canso Credit are expected to decrease at a much lower rate. During the bear market, Canso Credit is likely to outperform the market. Canso Credit Trust right now shows a risk of 0.45%. Please confirm Canso Credit Trust downside variance, and the relationship between the treynor ratio and kurtosis , to decide if Canso Credit Trust will be following its price patterns.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Canso Credit Trust are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Canso Credit is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Last Split Factor 939:1000 | Dividend Date 2024-11-11 | Last Split Date 2021-12-30 |
| Canso Credit dividend paid on 10th of September 2024 | 09/10/2024 |
1 | Canso Credit Trust - Canso Credit Income Fund Stock Price Crosses Below 50 Day Moving Average of 15.15 - MarketBeat | 09/13/2024 |
| Canso Credit dividend paid on 10th of October 2024 | 10/10/2024 |
2 | Canso Credit Trust - Canso Credit Income Fund Shares Pass Below 50-Day Moving Average - Heres What Happened - MarketBeat | 11/07/2024 |
| Canso Credit dividend paid on 11th of November 2024 | 11/11/2024 |
| Begin Period Cash Flow | 9.7 M |
Canso |
Canso Credit Relative Risk vs. Return Landscape
If you would invest 1,519 in Canso Credit Trust on August 28, 2024 and sell it today you would earn a total of 33.00 from holding Canso Credit Trust or generate 2.17% return on investment over 90 days. Canso Credit Trust is generating 0.0351% of daily returns and assumes 0.4468% volatility on return distribution over the 90 days horizon. Simply put, 3% of stocks are less volatile than Canso, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Canso Credit Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canso Credit's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Canso Credit Trust, and traders can use it to determine the average amount a Canso Credit's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0786
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PBY-UN |
Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Canso Credit is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Canso Credit by adding it to a well-diversified portfolio.
Canso Credit Fundamentals Growth
Canso Stock prices reflect investors' perceptions of the future prospects and financial health of Canso Credit, and Canso Credit fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Canso Stock performance.
| Current Valuation | 168.91 M | ||||
| Shares Outstanding | 13.14 M | ||||
| Revenue | 11.81 M | ||||
| EBITDA | 6.11 M | ||||
| Net Income | 6.11 M | ||||
| Total Debt | 53.15 M | ||||
| Cash Flow From Operations | 850.5 K | ||||
| Market Capitalization | 224.01 M | ||||
| Total Asset | 192.07 M | ||||
About Canso Credit Performance
By analyzing Canso Credit's fundamental ratios, stakeholders can gain valuable insights into Canso Credit's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Canso Credit has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Canso Credit has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 940.20 | 835.74 | |
| Return On Tangible Assets | 0.03 | 0.06 | |
| Return On Capital Employed | 0.03 | 0.02 | |
| Return On Assets | 0.03 | 0.06 | |
| Return On Equity | 0.04 | 0.07 |
Things to note about Canso Credit Trust performance evaluation
Checking the ongoing alerts about Canso Credit for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Canso Credit Trust help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 27.0% of the company outstanding shares are owned by corporate insiders | |
| On 11th of November 2024 Canso Credit paid C$ 0.0417 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Canso Credit Trust - Canso Credit Income Fund Shares Pass Below 50-Day Moving Average - Heres What Happened - MarketBeat |
- Analyzing Canso Credit's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Canso Credit's stock is overvalued or undervalued compared to its peers.
- Examining Canso Credit's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Canso Credit's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canso Credit's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canso Credit's stock. These opinions can provide insight into Canso Credit's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Canso Stock analysis
When running Canso Credit's price analysis, check to measure Canso Credit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canso Credit is operating at the current time. Most of Canso Credit's value examination focuses on studying past and present price action to predict the probability of Canso Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canso Credit's price. Additionally, you may evaluate how the addition of Canso Credit to your portfolios can decrease your overall portfolio volatility.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |